Get used to that “Exclusive” tag folks, it’s summer movie season and y’all know what Latino (HYPHEN!) Review does right!

Today, Wednesday May 23rd 2012 is the first day of principal photography on ‘Iron Man 3′ (production name ‘Caged Heat’) in Wilmington, North Carolina.

I happened to have been in Wilmington recently visiting the movie that was in production on those Screen Gems stages directly before ‘Iron Man 3.’ They were in the middle of constructing a large underwater tank and what looked like the interior of a jet fuselage (though it could also be some fancy windows in an underwater structure, it was just a skeleton when I peeped it).

If you’re in the North Carolina area, Robert Downey Jr is in town and rumor has him stopping by local bars and being pretty chumly. Shwarma party anyone?

The plan was to have ‘Caged Heat’ take over the Wilmington stages entirely and security was prepping on a huge lockdown with new procedures in place to put crew members under the utmost scrutiny in and out of work each day. I can only assume this is what has come to pass because it’s been hard to come by info, BUT: I have another interesting ‘Iron Man 3′ tidbit.

Word on the e-street is that IM3 was budgeted for $140 million in production costs pre-Avengers. Then The Avengers did gangbusters and rather than count their crossover movies as separate, Marvel has decided The Avengers raised the bar for ALL Marvel movies. Namely, Shane Black and the IM3 crew aren’t being asked to deliver a better Iron Man movie but THE BEST Marvel movie hands down.

How could Disney and Marvel make this new doctrine more possible? I hear they’ve upped the budget from $140 to $200 million. And extra sixty million dollars can go a long way (remember how the last stuff done on Green Lantern was the best stuff done on Green Lantern?).

Disney, Marvel, Shane Black, ‘Caged Heat’ film: I’m out to learn as much as I can about you out of love. Best of luck from here to end of principal photography in October!

Talkin’ ’bout Marvel - Yes, I saw that tweet from Cannes that says Edgar Wright’s ‘Ant-Man’ has been greenlit. Wright is on “At World’s End” with Simon Pegg right now, so don’t look for it to go into production until later this year or early 2013…

When we can confirm, we will!